Closing Recap U.S. stocks finished mostly lower in a quiet session as investors awaited Nvidia’s earnings and digested cautious FOMC minutes; gold and oil prices slipped while the dollar and Treasury yields edged higher ahead of key economic data. Key Takeaways Market Overview U.S. equity markets experienced a day of relative calm and consolidation, finishing…
Closing Recap A wave of optimism propelled U.S. equities sharply higher, as President Trump’s decision to delay threatened tariffs on the EU fueled a broad risk-on rally; the dollar strengthened significantly and Treasury yields fell amid a global bond buying spree, while gold and oil prices retreated. Key Takeaways Market Overview Wall Street celebrated a…
Closing Recap U.S. stocks are poised to open lower, giving back some of yesterday’s strong futures gains, as initial optimism from the EU tariff delay fades and focus shifts to global trade outlook and upcoming U.S. economic data; oil is down on OPEC+ supply hike considerations, gold is weaker, and the dollar is firming. Key…
Closing Recap U.S. stock futures are up in holiday-thinned trading after President Trump threatened and then delayed new tariffs on the EU; Asian markets were mixed, European stocks cheered the tariff delay, while oil is up slightly and gold has retreated as focus shifts to Fed speakers and upcoming PCE inflation data. Key Takeaways Market…
Closing Recap U.S. stocks finished little changed after a volatile “chop day,” with an afternoon rally fading into the close, as markets digested rising Treasury yields and awaited details on a major tax bill; Bitcoin hit new all-time highs, while gold and oil prices slipped. Key Takeaways Market Overview U.S. equity markets experienced a day…
Closing Recap U.S. stocks finished sharply lower, extending yesterday’s modest losses as geopolitical concerns, weak retailer earnings, and a disappointing Treasury auction weighed on sentiment; gold rallied on safe-haven demand, oil slipped, Treasury yields jumped, and the VIX spiked. Key Takeaways Market Overview U.S. equity markets experienced a sharp downturn today, extending the modest losses…
Closing Recap U.S. stocks finished mostly lower in a quiet session, snapping the S&P 500’s six-day winning streak as markets consolidated recent strong gains; gold surged on renewed dollar weakness, while oil slipped slightly and Treasury yields were little changed. Key Takeaways Market Overview U.S. equity markets experienced a day of quiet consolidation, with major…
Closing Recap U.S. stocks staged an impressive rebound from sharp morning lows, with the S&P 500 extending its win streak to six days as “buy the dip” sentiment prevailed despite a U.S. credit downgrade; gold rallied, oil recovered, the dollar weakened, and Treasury yields ended higher after initial spikes. Key Takeaways Market Overview U.S. equity…
Closing Recap U.S. stock futures point sharply lower, threatening to snap a multi-day winning streak, as a Moody’s downgrade of the U.S. credit rating and renewed tariff concerns weigh on sentiment; Treasury yields are spiking, the dollar is weakening, and gold is rallying. Key Takeaways Market Overview U.S. equity markets are poised for a sharply…
Closing Recap U.S. stocks rallied off morning lows to finish mostly higher, with the S&P 500 reaching new highs for the month, led by a rebound in defensive sectors and renewed strength in AI-related tech; Treasury yields fell despite mixed economic data, while oil slumped and gold recovered. Key Takeaways Market Overview U.S. equity markets…
The Art of Prop Trading